Why Nikola Stock Is Getting Hammered
Portfolio Pulse from Henry Khederian
Nikola Corp (NASDAQ:NKLA) shares are down 18.79% to $0.63 due to Nasdaq's notification of non-compliance with the minimum bid price requirements. The company has until November 20, 2023, to regain compliance.
May 25, 2023 | 4:20 pm
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NEGATIVE IMPACT
Nikola Corp's stock price has fallen 18.79% due to Nasdaq's notification of non-compliance with minimum bid price requirements.
Nikola Corp's stock price has dropped significantly due to the Nasdaq notification of non-compliance with the minimum bid price requirements. This news directly impacts the company's stock price and investor confidence, leading to a negative short-term impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100